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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: Captain Jack who wrote (5398)4/11/2000 8:47:00 PM
From: Big Bucks  Read Replies (1) of 15615
 
CJ,
I've decided to take a longer term perspective as I'm
invested at higher prices than these and right now they
are just paper losses (but it still sux). The market will
cycle again it's just a matter of your time horizon. The
stock is compelling at this price but I've elected to
watch a while longer before investing more, but I am
tempted. Right now I've got a pretty full plate of fiber
companies in GBLX, Q and FTHL, thus my hesitation at
acquiring more right now. Looking to the future I just
see the need for extensive bandwidth via fiber. The
next several generations of communication and entertainment
hardware will be bandwidth hogs, requiring tremendous
capacity, at least that has been my vision/belief for the
last 3-4 years.
JMO
BB
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